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Classify each of the following costs as (1) or period (P) and indicate whether the cost is a axiab1e cost (V) or a fixed cost
Classify each of the following costs as (1) or period (P) and indicate whether the cost is a axiab1e cost (V) or a fixed cost (F).a Direct materials b Depreciation on corporate jet for sales force c Lubricants for factory machinery d Sales commissions at 5% of sales e Factory insurance f Product brochures g Factory utilities h President?s salary i Employer paid health insurance premiums on direct labor personnel
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